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HomeMy WebLinkAbout1161 _ ~k f v t . Tt • ' ~ V THIS INDENTURE. Made the~rd day af _ J~._.___~__.-~_-_-__-.-- _ A.D ;9_~_, bat~veen ~ Lloya_'I'evlor _and Cloti~de F~ Taylor,_.his__ wife ~ - - _ _ - _ - - - af Saint Lueie , Co~nty Florida, heroinafter designated as thc "MQRiGAGOR,'" and FIRS( FEDERAI SAVINGS AND IOAN ~ A550CIA'f1pN OF fORT PIERCE, a corpo~atio~ orga~ized and e:iitinq under the laws of the Umted Sratos of America end having its principal p~sce of butinasa in the Ciry of Fort Pierce, S~. L~cie County, fiorida, hereinafter designated es the "MOR~I~G~AGEE." WHEREA5 the MORTGAfiOR is justly inde6ted to tha MCIRTGAGEE in the sum of 5--~.i~:~~-QQ-~--___, goud and I<~wi~l money of the Un ted ~ S~ates advanced by the MORTGAGEE unto the MORTGAGOR, as evidenced by a certam promissory note of even date harew~ih, of wh~ch the followin9 in ~ words and fi uret is a tr~e co ' 9 PY, to-wit: s ~ a.Ll K~_.40 _ No 1 ? ~ ~T Fort Pierce, florida, ~~e ~ ~ 19_~ For value received, I, we or either of us, promisr to pay, without dafefcarion, to the order of FIRST FEDERAI LSAVINGS AND LOAN ASSOCIATION O~ FOR7 PIERCE a1 fort Pierce, Florida, the ~um~ o~f ~5---1--1u 1~~~~~ - with intere~+?r from date at the rate oN~.~~°o per annum, in rc,onthly instal;- menrs as fol!ows: 5-~- on the ~ day of ~~.~.41~.5LS.~. 19_SZ~- and a like sum on the correspond~ng day nf each momh there- afrer ~ntii t~~e whole be fully paid. Eaih instal!ment firsr shall be applied in payment of the inte~est and than on the unpaid balance of the p~incipal sum. If default is made in the paymem of any instal!menr when due, and such defauh continuea 30 day~, then at the option of the hoider, and without any other noti,e, all the remaining ~nsrallments shall ba due and payabie at once. Privile~e is given to prepay this note in who?e or in part at any time witnout penalty. Naither forebearonce, nor ac:eptance by the holde~ thereof after any default in a,iy paymems hereon, shall be deemed extertsion. A late payment charge of b__~~~, shall be ~dded to each installmeni remaining unpa~d ~ days aftcr its due date, and e like s~m shall be added to each such installment remaining unpaid 7 days after each succeeding payment date. Each maicer, surety and enderser Fereof, jointly and severelly, walves demand, presentment protest and rotlte of protest for nonpayment, a~d further agrees to ar,y extension of time of paymero, either before or after maturity, without notice to any of us; and to pay all cexts of co!lection, indud~ng e reasonaole attomey's fee in the event of ar.y default hereunder, and hereby severally waives all benefit of homestead and exemption under the canstitution and iaws of ea:h State of the United States, as aga~nst this obligation or any extension or renewai hereof. Witness the hand and seal of each party. ~ 3 I~~OqCi m8.~J1.0I' (~EAI) sjlotilde F. Taylor__ ~sEA~~ (SEAL) (SEAL) ( 1 Z ~ - ) State Revenue ~ (S~ampi canceiled on oriyinal note) NO'N, THEREFORE, the MORTGAGOR for the purpose of securing payment of said sum of =~~~1~~ ~ QQ - , end the performance of The covenants and agreements hereinafter expressed, and for divers good and veluable conaiderations, by these presents, dces g~ent, bargain, sell, remise, rciease, convey and confirm unto the MORTGAGEE, its tutcessors end atsigns, all that certain lot, piece or partel of land, situa!e, lying, and being in tfie County of S a in t LUC t 9 , and Stete of Florida, described a~ follows: T.:ot 11, and the ~'ast 10 feet of Lot 12, ~lock 5, ~t'?HL~~rN ~1JRDIVISIOt3, as r~er ;~iat th~T~eof recorc~ed ~ n p~~t 8ook 9, na~A ~5, r~ubiic recor~~iq of Sr~int i:uc~_e Co,.znt~, Florida, • ~ ~ ~ RECE~VED i- iN ~AYMENT OF TAI(~3 DUE ON rLASS'C' iNTANGIBIE PERSONAL PROP6R7Y~ PURSUA!~T ?O CH~PTER 2"v72~. F. =T5 CiF 1941, < R~~~~, = r?~rk C~r~:,:r ,.,urr , - ~ JA os A rn',f:-r -U !ii~ M. JA',._S^ ~s A OF ~ aM ; AX n .:a ~ ~ ~TA P 5t. lucie~~ y~~c Cot lector V 7~ ~QC U N~~o~ r ~ ~ : t ~v. ~ , i~ ~~.~~i " J = ,,~-T6s -~f~- i ! 25= • ~Y DEPU7Y C1,ERK ~ ~ f ~ v c'er~aTao~~EF~ ~p~o' ~r_ Ra.~so,3s togefher w~th a!I and sin~ular the tenements, hereditaments and appvrtances thereunto belonging or in anywise appertaining thereto, and all rents, issues, proceeds and prof~ts accruing and to accrue from said premises, ail of wnith are included in the above and foregoing description and hebendum. TO HAVE AND TO HOLD the above descr~bed and granted premises unto the said MORTGAGEE, its s~ccessori and ass~gm forever. And the iaid MORTGAGOR for ~g~ heirs, executors, adminiatrotors and assigni, hare6y covenanis with the said MORTGAGEE, its suctessors end ~ssiflns, that ~awfuliy seizzd of the said premi:es io fce timple; that t6e tame ara free, clea~ and discharged from a11 lirns and ertcum- brantes in law or in equity, and that tr~g will and thEir heirs shall werrant and defend the titie to thr seme to the iaid MORTGAGEE, its successors and assigns, forever against the fawf~! claims and demands of ali pertons; PROVIDED, ALWAYS that if the MORTGAGOR shall pay unio the MORTGAGEE the ~~omixs~ry note hereinF~efore described and thafl sruly, p!omptly and fully perform, d~scharge, execute, ccmalete, tompiy with and abide by each snd every the s~ipulations, agreementi, corditions and covenants of said oromissory note and of this Mortgage, then this Mortgage and the Estate heteby created shalf cease and be null and void. IT IS UNGERSTOOD that the word "Mcrtgagor" whether in the singular or plural anywhere in this Mortgage, shall be singuler if o~e only and shal! be plural iointly and severaily if more than one, an~ that the word "their" as uied anywhere in this Mortgage •hall be taken to msan "his," "hers," or "its," wherever Phe context io impCes or admits. Alio, that wherover there ii a refrrence in the covenanta and agreements herein contained to any of the parties hereto, the same shail be construed to mea~ as well as the heirs, iegal reprrsen:atives, :uccessors and aasigns ~either vnluntary by act of ihe parties ar involuntary by operation of the law) of the seme and that the covenants herain contained thall bind and the benefits and advantagtf ~nvre to the reapective hein, legal representatives, successors and ass'gns of the parties hereto. And said Morrgagora, for themselves and their heirs, legai representatives, succeaaors and assign:, hereby jointly and seve!aily covenant snd agree +o and evifh the said MORiGAGEE, i•s s~ccessors and aasigns: 1. To pay all and fingular the prirxipa! and intere~t and the various end sundry s~ms of money payablc by virtue of said prcmissory nete, end thi• mortgage, each and e•rery, promptly o~ the days re:pestively the yame sevsrolly txcome due. 2. To pey all and •ingular the faxef, assessments, Itvies, Iiabilitles, obligations e~d encvmbrancrt of every nature end kind rsow on said dexribed property, nr that hereafter may be impoled, s~ffe,ed, placed, {evicd, or suessed thereon, or ihet heteefter may be levied or assetud vpon thi• Mortg- age, o~ the indebtedness arcu~ed hereby, each and every, when due •nd payable, sccordin9 ta Isw, before they betome delinquent, snd befors any intereit ettaches or any penalfy is incurred; AND INSOFAR AS ANY THEREOF I5 OF R~CORD THE SAME SMALL BE PROMPTIY SATISFIED AND DISCHARGED Of RECORD AND THE ORIG!!vAL OFFICtAI DOCUMENT (SUCH AS, FOR INSTANCE, THE TAX RECEIpT bR THE SATISfACTION PAFER OFFICIAILY ENUORSED CR CERTIFIED) SHAII B~ PLACED IN THE HANDS OF SAID MORTGAGEE WITHIN 7EN DAYS NEXT AFTER PAYMENT; and in the ever.t that any thereof is not oa+d, sat'sfied and discharged sa'd MORTGAGEE may at any t~me pay the sartx or eny part thereof without weiving or af6ecting any option, lien, equity o~ .~qhr under or by virt~e of th~s mortgage and the full dr.`GVRt OI each and every such payment ahall be immediatefy d~.re end payeole ar.d shall bear interes~ ~ro~• ~he date therAof until pa d ar .ate of n ne per tentum per annum ard~3g~kh~~~th sucfi ir.terest sha~l be securad by th~ lien of th's morgtage c' J~°~